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Walgreens Boots Alliance’s stock headed for 27-year low after profit miss and lowered guidance

Walgreens Boots Alliance’s stock headed for 27-year low after profit miss and lowered guidance

Walgreens Boots Alliance Inc.’s stock fell 12% early Thursday, after the drugstore chain’s fiscal third-quarter profit fell short of estimates and it again lowered guidance to reflect a stressed consumer following a period of high inflation.

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